London-based CleanTech Adia Thermal, a developer of smart home heating for plug and play heat pump installations, has raised €360k to transform the UK heat pump market with is innovative retrofit technology.
The investment came from Blackfinch Ventures, part of the Blackfinch Group, the investment reflects Blackfinch’s focus on companies that drive progress in the energy transition while delivering strong potential returns for investors.
Luke Hodgkinson, CEO of Adia Thermal, said, “Over 60% of UK boiler sales come from breakdowns, and by then it’s too late to get a heat pump, as current installation timescales are approximately four weeks or more. With Adia Thermal, a heat pump can be fitted in three days – as quickly and easily as a gas boiler – saving homeowners thousands of pounds, and letting them switch to greener heating without months of planning. This investment from Blackfinch will help us scale our solution and bring the benefits of clean heating to many more homes across the UK.”
Founded in 2023 by Luke Hodgkinson, Nikita Smeshko, Sam Duke, and Shaun Kaufmann, Adia is revolutionising domestic heating with a technology that makes heat pump installation faster, easier and more accessible for older homes.
Adia’s patent-pending hardware and software solution allows heat pumps to be retrofitted into homes without the need for extensive pipework or lengthy installation processes.
Unlike conventional installations which can take weeks and require specialist engineers, Adia’s technology reportedly enables installation by regular boiler engineers in as little as three days, and even during boiler breakdowns.
According to figures provided by Blackfinch, with heating accounting for 14% of the UK’s carbon emissions and 85% of homes still reliant on gas boilers, the government has set an ambitious target to install 600,000 heat pumps annually by 2023. However, heat pump adoption faces significant barriers, including high costs, long installation times and the need for extensive retrofitting in older properties.
In the face of this, Adia offers installers an opportunity to scale their business with “95% faster installs” and up to €6k savings in cost to customer. For home owners, Adia promises an “easy room-by-room comfort control and deep insights into your home’s energy efficiency” and a completed installation for “less than the cost of a new gas boiler“.
Dr Reuben Wilcock, Head of Ventures at Blackfinch, said, “Adia is the perfect example of what our Energy Transition EIS aims to achieve. The company is solving a real world challenge with an innovative, scalable solution that supports the decarbonisation of the built environment. By investing in companies like Adia, we’re delivering value to investors while addressing critical infrastructure needs in the transition to net zero.”
Blackfinch’s Energy Transition EIS Portfolios provides investors with access to startups developing technologies that enable cleaner, more efficient energy generation, storage and distribution. Adia Thermal joins a growing portfolio of companies that reflect the potential for innovation in energy transition markets, which span a diverse range of sectors such as buildings, industry and transport.
Blackfinch Ventures said they were drawn to Adia’s strong founding team and early commercial traction.
Adia has already partnered with industry leading heat pump installers and completed multiple successful installations across the UK. According o Adia, installers have even chosen to use Adia’s technology in their own homes, giving credence to its transformative potential.
Read the orginal article: https://www.eu-startups.com/2025/02/cleantech-adia-thermal-has-raised-360k-to-innovate-uk-heat-pump-market/
